Bill Poulos has just introduced his Market Mastery Protege Program -a series of thoroughly comprehensive CDs, manuals, and transcripts that explains and demonstrates his synergistic method for trading stocks in any market, including the extreme volatility resulting from the mortgage meltdown and financial crisis.
Adding even more flexibility, Bill's approach can be applied to options, futures, and forex as well.
But before you invest in any systematic stock trading approach, it's crucial to address five essential qualities.
First, look at how the method identifies and acts upon trading opportunities as this is the heart of any stock trading system.
Because you'll be working with probabilities, not absolutes, if you can't understand it, or you just don't trust it, then there's no point in proceeding because you won't use it.
To ease this concern, Bill carefully and deliberately describes the 4 key components that any worthwhile trading program can't do without.
The first two are specific Setup Conditions and Entry Rules Bill has developed these parameters to be clearly specific and objective, you will understand them completely without having to ponder whether this condition has been met or that rule been satisfied.
After awhile, their use will become second-hand to you so you can quickly scan your daily recommendations each evening in just 20 or so minutes.
That's because each method has specific search criteria that your inexpensive charting software uses to identify high-probability situations trading positions each day.
Every bit as important as entering a position is exiting the position.
You don't want to hold a profitable position too long and risk a market reversal turning a winning position in to a losing one by holding on too long.
Along with a disciplined strategy for taking profits, you must have an emotionally detached strategy to limit losses, as they are inevitable whenever one regularly buys and sells stock.
The Market Mastery Program has explicit criteria for exiting winning trades to ensure profits while also letting your winners run so you can take advantage of explosive gains.
And to make certain you'll live to trade many more days, Market Mastery has specific Initial Stop Rules and Exit Strategy Rules.
Can't get caught in the trap of waiting "just a little longer" in hopes of it turning profitable.
Also, Bill Poulos wisely suggests that you never put more than 2% of your account's holdings in any one position.
This is for two reasons.
It serves as the starting point for your psotion size as you can always go lower and it just like the market will always be there, it ensures you will be too.
Strict protocols like this are defined and stressed throughout the course, so you'll always be in financial and emotional control.
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Finally, Bill and the physical product itself are first-rate.
Bill Poulos has been trading stocks for over 30 years and has been advising his students and creating superior stock traders since 2001 with his deliberate, detailed, and supportive teaching style.
And then you open your Market Mastery Protégé Program package, you'll find CDs.
manuals, transcripts, and cheat sheets to help you quickly absorb the information and start making profits in only about 20 minutes each evening after the markets are closed when you can calmly contemplate your actions and make your decisions.